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isn't greece the u.s. is not stuck in a currency zone where it has zero control of its monetary policy i mean love it or hate it the u.s. does have a fed printing money and setting interest rates also the u.s. dollars. the global reserve currency and the u.s. is benefiting from kind of a weird global situation where the u.s. dollar and u.s. debt is kind of a safe haven even though many would argue that ultimately it isn't but these are kind of a weird set of circumstances that make the u.s. very unlike greece and terms of the near term and that can tend to i think low people to sleep but it but it is a longer term issue in terms of the debt and deficit does need to be addressed i think that just the u.s. is greece scare tactic is a little just a lot just right right right now let's talk about the eurozone in general i mean a lot of people also paint this whole thing as it's the eurozone crisis and it kind of crosses all across the countries that are indebted to the euro at this point i mean what do you thi
isn't greece the u.s. is not stuck in a currency zone where it has zero control of its monetary policy i mean love it or hate it the u.s. does have a fed printing money and setting interest rates also the u.s. dollars. the global reserve currency and the u.s. is benefiting from kind of a weird global situation where the u.s. dollar and u.s. debt is kind of a safe haven even though many would argue that ultimately it isn't but these are kind of a weird set of circumstances that make the u.s....
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greece. and let's not cross to our business just now marina last hour you mentioned that portugal is struggling as well and they just announced that there will be more seriously measures what's the government doing that well you know what the government is implements in higher taxes and that of course is called an outrage in fact the strike has been planned for the next months of all see how this develops when it comes to the european markets so we're seeing an upbeat sentiment and that's because we had a positive report coming out from the u.s. and vasser all are waiting to hear from the european central bank where they'll be meeting as well as on friday a u.s. jobs report coming up from the e.u. us a lot of things to watch there when it comes to the russian markets here we've been seeing an upbeat sentiment as well partly due to the five that now they've gone into negative territory but they are more spoil it is the fact that oil prices have bounced back haven't sat there we know that capit
greece. and let's not cross to our business just now marina last hour you mentioned that portugal is struggling as well and they just announced that there will be more seriously measures what's the government doing that well you know what the government is implements in higher taxes and that of course is called an outrage in fact the strike has been planned for the next months of all see how this develops when it comes to the european markets so we're seeing an upbeat sentiment and that's...
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Oct 15, 2012
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greece has said it will run out of money by the end of november. greece has admitted the coughers run dry at the end of november. we are aware that the efforts have been successful in stabilizing italy. at least interest rates in spain seem to have been somewhat contained. why are we debating whether or not greece should be allowed to eat up and not follow more osterity? another argument is that it could set up a domino effect. every few months greece says it is about to run out of money again. then we debate if austerity should be effective. are we delaying the inevitable that greece will exit at some point because it can't pay its bills? perhaps but maybe it could help stabilize, as well. before we go take a look at the day on wall street. financials and health care led the way to a 95 point
greece has said it will run out of money by the end of november. greece has admitted the coughers run dry at the end of november. we are aware that the efforts have been successful in stabilizing italy. at least interest rates in spain seem to have been somewhat contained. why are we debating whether or not greece should be allowed to eat up and not follow more osterity? another argument is that it could set up a domino effect. every few months greece says it is about to run out of money again....
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is a pleasure to have you with us here on r t today i'm live in moscow greece will have to introduce another one hundred and fifty economic reforms to please its international creditors that's according to a leaked report from its lenders greece has been locked in talks with the troika for weeks over the crucial austerity package it would need to introduce to be saved from bankruptcy by mid november let's discuss this further now with your hand of an overt felt editor in chief of trends business magazine good to see you today so the whole proposed austerity package is already struggling to pass through greek parliament or what if another one hundred and fifty changes on demand. well huge problem that's obvious because everybody agrees now that greece needs more time but nobody seems to be prepared to put up the money that is necessary to bridge the two extra years that would be granted to greece people talking here about something like twenty five billion euros in terms of extra money. all of the money that has already been given or promised to greece that's one problem another probl
is a pleasure to have you with us here on r t today i'm live in moscow greece will have to introduce another one hundred and fifty economic reforms to please its international creditors that's according to a leaked report from its lenders greece has been locked in talks with the troika for weeks over the crucial austerity package it would need to introduce to be saved from bankruptcy by mid november let's discuss this further now with your hand of an overt felt editor in chief of trends...
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they like to take the put greece inside like a larger european union and say greece's problems are about austerity and it's something that we can relate to with other countries in europe but it's not i mean greece is its own country with its own unique history its own problems and in fact austerity which is really just you know the cut the deficit is really just something that spark the powder keg that had been accumulating all that gunpowder to be accumulating for all these decades in greece and all of a sudden. they woke up and they said after all this after all this looting of all this money for all these years that all this money to get out of the country for big counts all these people really rich all these years making money through government all the sudden now we're going to have a depression as a result of all the stuff that you guys say all these years it's ridiculous but that's the real story is that's what people are so angry people would not be so angry just because of some budget deficit cuts right and more than that well it is a lot more than now but i think that what we s
they like to take the put greece inside like a larger european union and say greece's problems are about austerity and it's something that we can relate to with other countries in europe but it's not i mean greece is its own country with its own unique history its own problems and in fact austerity which is really just you know the cut the deficit is really just something that spark the powder keg that had been accumulating all that gunpowder to be accumulating for all these decades in greece...
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a cool reception for chancellor angela merkel during a visit to greece turns out sons of protesters pointing to her disorders of they can only commiserate. israeli prime minister netanyahu had his to go all out for reelection as he dissolve parliament and orders a snob at the peak of his popularity citing budget bickering. branding and image as a pussy riot appeal the sentence many question whether the punk band wants to be released only if it's just another of this it is. this is all see coming to live from moscow hello and welcome to the program rises and falls from warm welcome from the greek people for chancellor angela merkel and her visit to athens while the german leader praised the government over its austerity measures an army of riot police held bank turns of thousands of demonstrators just streets away fast now reports on athens from athens on why merkel's visit has so riled the people. it was supposed to be a conciliatory gesture but in the end it seemed a need to add fuel to the fire of austerity and. clashes are breaking out between the riot police on the protesters on the stre
a cool reception for chancellor angela merkel during a visit to greece turns out sons of protesters pointing to her disorders of they can only commiserate. israeli prime minister netanyahu had his to go all out for reelection as he dissolve parliament and orders a snob at the peak of his popularity citing budget bickering. branding and image as a pussy riot appeal the sentence many question whether the punk band wants to be released only if it's just another of this it is. this is all see...
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was spent on defense long running tensions between greece and turkey as cited as the reason greece spends so much since the one nine hundred seventy four turkish invasion of cyprus athens is spent an estimated two hundred sixteen billion or. considers that it's it's facing a threat from turkey. and that we need to maintain a. credible military force is that threat and one of the key places where greece shops for its defense needs is germany is orders make up around fifteen percent of berlin's arms exports the most in europe despite germany's repeated belt tightening mantra in my point of view there's no justification that greece continues to spend so heavily on military equipment but of course it's export earnings for germany and nato interests and so it's just being done and it's not being talked about so much every once a while the topic pops up it's just being done and politicians in germany are not really questioning it with greeks enduring a dire financial plight with little sign of reprieve is there an element of hypocrisy in germany calling for cuts while encouraging greece the by
was spent on defense long running tensions between greece and turkey as cited as the reason greece spends so much since the one nine hundred seventy four turkish invasion of cyprus athens is spent an estimated two hundred sixteen billion or. considers that it's it's facing a threat from turkey. and that we need to maintain a. credible military force is that threat and one of the key places where greece shops for its defense needs is germany is orders make up around fifteen percent of berlin's...
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this is r t tonight no news is bad news in greece media workers walk out accusing the government of targeting journalists trying to bring the powerful to. barack obama or mitt romney refit their campaign versus the big disaster relief funds but they're accused of jumping on the superstorm bandwagon for their election again. until majesty's secret service is accused to cover tactics of brayshaw profiling and taking british citizens off the radar in the terror back. live from moscow at eight pm this is r.t. very warm welcome to if you just joined us it's kevin owen here this hour with the top stories agreed journalists have walked out of their jobs angry at what they see as government censorship and changes to labor laws it follows the suspension of two t.v. presenters after they criticized the interior minister on air and denounced police for beating up activists to tame during protests r.t. contributor renia says it's not the only thing straining relations between the government of the media either. billions that tension between their relationship with government and the journalists let coupl
this is r t tonight no news is bad news in greece media workers walk out accusing the government of targeting journalists trying to bring the powerful to. barack obama or mitt romney refit their campaign versus the big disaster relief funds but they're accused of jumping on the superstorm bandwagon for their election again. until majesty's secret service is accused to cover tactics of brayshaw profiling and taking british citizens off the radar in the terror back. live from moscow at eight pm...
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trashes greece's plan to deal with its massive deficit has that used last line of economic defense celebrates one year in service. and we look at how the two main runners in the u.s. presidential race plan to deal with the powerful israeli lobby and television on the relenting edge to bomb iraq. thank you for joining r.t. this friday on charon terror it's twelve o'clock here in moscow well gangs of foreign mercenaries reportedly from the gulf states and turkey have joined the assault on bani walid libya this is according to ali for all his relatives are trapped inside the siege town which is traditionally loyal to the country's toppled colonel gadhafi regime he's currently in egypt and we're discussing his identity over safety concerns. they told something dangerous there. in the snow but as a as the photo and not the new t.v. and maybe if it got out of the degree of the room somewhere else inside the city and you have media do it go through the snow but you know i mean really if. you slow down. and use google nor by the. google if you didn't know do today to look if you think it's a bit of y
trashes greece's plan to deal with its massive deficit has that used last line of economic defense celebrates one year in service. and we look at how the two main runners in the u.s. presidential race plan to deal with the powerful israeli lobby and television on the relenting edge to bomb iraq. thank you for joining r.t. this friday on charon terror it's twelve o'clock here in moscow well gangs of foreign mercenaries reportedly from the gulf states and turkey have joined the assault on bani...
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germans chancellor merkel nds in greece in wild demonstrations. the imf sa our fiscal cliff is adding to this economic mess. we'll sort through all the rubble. plus it is dirty, filthy gas to the rescue. california will pollute the environment to brg down crippling gas prices. no bicycles and car pools for them. we'll break it all down. >>> how far would you go to earn a b buck? not even a host passing out on air can stop qvc from making a sale. we've t the video and the details. even when they say it's not, it is always about money melissa: first let's look at the today's market headlines a grim imf forecast for the global economy sent stocks sliding down 110 points. nasdaq was the day's biggest loser posting its largest loss since junee 25th. earnings season starts off on a good foot. alcoa beat estates o to and bottom line. shares are getting a nice pop after-hours. >>> government is filing a civiluit ainst wells fargo. they are accused of reckless behavior issuing federally backed loans. shares of wells fargo fell nearly 2%. >>> all right, our
germans chancellor merkel nds in greece in wild demonstrations. the imf sa our fiscal cliff is adding to this economic mess. we'll sort through all the rubble. plus it is dirty, filthy gas to the rescue. california will pollute the environment to brg down crippling gas prices. no bicycles and car pools for them. we'll break it all down. >>> how far would you go to earn a b buck? not even a host passing out on air can stop qvc from making a sale. we've t the video and the details. even...
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center plans a boost to its own budget at the expense of all stare at the press states and worst hit greece an increasing number of families can't even afford to raise their children. below and thank you for joining r t thursday two o'clock here in moscow on karen. well turkey's retaliation against syria is an edgy ending rather any time soon as the country's military has launched fresh artillery strikes against the war torn state had earlier fired over the border in response to shelling from syria which killed five turkish civilians and as artie's middle east correspondent paula slayer now reports the nato member state is taking steps toward starting a ground invasion. until the early hours of thursday morning turkey launched military fire against syrian targets this follows overnight operations in which the turkey military continued to fire on to the syrian side now the whole incident was spotted when a water bomb was fired from syria into turkey as territory it hit a residential building killing five members of the same family and injuring another from a team we don't yet have clear info
center plans a boost to its own budget at the expense of all stare at the press states and worst hit greece an increasing number of families can't even afford to raise their children. below and thank you for joining r t thursday two o'clock here in moscow on karen. well turkey's retaliation against syria is an edgy ending rather any time soon as the country's military has launched fresh artillery strikes against the war torn state had earlier fired over the border in response to shelling from...
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Oct 29, 2012
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they knew they didn't have a culture so they went to greece. >> stephen: we took your culture when we stole harry potter from you guys. >> yes. [ laughter ] >> stephen: you guys are greece to our rome. >> i haven'ting for given you for that. >> stephen: empires don't care. you used to have an empire. >> we had it for 10 minutes. you've hit for five minutes. the roamentans had it for 1,000 years. >> stephen: what did they do right? >> when they went and beat somebody up and defeated them they said, right. that's over. we've won. come and join us. join in the enterprise. you can become citizens. you can have a share of booty but we go on for the next war. every time they had a victory, they produced more and more people, got them on to their side and so the roman empire was actually full of stakeholders, people for whom it was beneficial to have the empire. >> stephen: you make that sound kind of warm and fuzzy but thsh -- >> the jews got very cross. >> stephen: the jews often get cross. but they are a tough people. >> i know. >> stephen: what did the jews do? >> they revolted because t
they knew they didn't have a culture so they went to greece. >> stephen: we took your culture when we stole harry potter from you guys. >> yes. [ laughter ] >> stephen: you guys are greece to our rome. >> i haven'ting for given you for that. >> stephen: empires don't care. you used to have an empire. >> we had it for 10 minutes. you've hit for five minutes. the roamentans had it for 1,000 years. >> stephen: what did they do right? >> when they...
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top stories tonight no news is bad news in greece media workers walk out accusing the government of targeting journalists trying to bring the powerful to account. barack obama or mitt romney refit their campaign buses to be disaster relief but they're playing for jumping on the superstorm bandwagon for electoral gain. and reporting to one of majesty's secret service suspected of covert tactics and racial profiling in taking british citizens off the radar under the war on terror about. hello and a very good evening from moscow if you just joined us ten pm here now this is our my name's kevin now in first grade journalists are walked out of their jobs angry at what they see as government censorship and changes to labor laws it follows the suspension of two t.v. presenters after they criticized the interior minister on air and denounced police for beating a back to vist attained during protests journalists gathered outside the parliament building in athens where they also vented angered government austerity measures they were joined to by residents of the northern town of florina who piled ice c
top stories tonight no news is bad news in greece media workers walk out accusing the government of targeting journalists trying to bring the powerful to account. barack obama or mitt romney refit their campaign buses to be disaster relief but they're playing for jumping on the superstorm bandwagon for electoral gain. and reporting to one of majesty's secret service suspected of covert tactics and racial profiling in taking british citizens off the radar under the war on terror about. hello and...
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greece and if greece doesn't make it mean for spain italy portugal and. we're going to help greece and we're going to help with some of those government and that's why it's very significant that she's here today what a change of rhetoric you know back a couple of years ago and merkel was saying you know that these things coming out of to me is that we should be punished for its behavior and now you know it's a very big change because she realized there's no other way out it's. a bit more time that it should have taken. but they're putting their hands deep in the. brain and it. is the right thing to do greece needs to be supported because once greece gets stabilized. the markets in italy and in spain and portugal. the very important stand here in greece they were going to see some positive developments today i think we're going to see a very positive development. not just the government to push on reforms and saying do that and i'm right next to you the fact that's is coming here is very positive in itself even if nothing. the fact that this show you suppo
greece and if greece doesn't make it mean for spain italy portugal and. we're going to help greece and we're going to help with some of those government and that's why it's very significant that she's here today what a change of rhetoric you know back a couple of years ago and merkel was saying you know that these things coming out of to me is that we should be punished for its behavior and now you know it's a very big change because she realized there's no other way out it's. a bit more time...
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also this hour fierce reception for chancellor angela merkel during her visit to greece with tens of thousands of protesters pointing to her as the source of their economic misery. and israeli prime minister netanyahu appears to go all out for reelection as he would as a snub paul at the peak of his popularity citing budget recovery. news from russia and around the world this is us he with me our thanks for joining us moscow city court has started hearing an appeal by they pursue riots punk band punk band the sentenced to two years in jail for performance in the country's main orthodox cathedral and aussies point to join us live now from the course pauline nice to see you so what's going on where you are now. where there's plenty of people gathered here outside the most scary city court as we speak the appeal hearing is taking place inside the courtroom we've already heard from the pussy riot women themselves we've heard from their lawyers development today is that one of the members of the pussy riot punk rock collective yackety rena summit savage her lawyer she fired her lawyers la
also this hour fierce reception for chancellor angela merkel during her visit to greece with tens of thousands of protesters pointing to her as the source of their economic misery. and israeli prime minister netanyahu appears to go all out for reelection as he would as a snub paul at the peak of his popularity citing budget recovery. news from russia and around the world this is us he with me our thanks for joining us moscow city court has started hearing an appeal by they pursue riots punk...
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spent on defense greece three considers that it's it's facing a threat from turkey. and that we need to maintain credible military forces to that threat and one of the key places where greece shops for its defense needs is germany athens is old is make up around fifteen percent of billions arms exports the most in europe despite germany's repeated belt tightening mantra of courses export earnings for germany and nato interest there. so it's just being done and it's not being talked about so much every once a while the topic pops up but this just being done and politicians in germany are not really questioning it with greeks enduring a dire financial plight with little sign of reprieve is there an element of hypocrisy in germany calling for cuts while encouraging greece to buy its weapons. not all of berlin's elected representatives buying into their gun peddling government's priorities for them social spending cutting is the first you know the thing that comes to their mind for me as a queen the first priority that comes to my wife is cutting into defense sector as a
spent on defense greece three considers that it's it's facing a threat from turkey. and that we need to maintain credible military forces to that threat and one of the key places where greece shops for its defense needs is germany athens is old is make up around fifteen percent of billions arms exports the most in europe despite germany's repeated belt tightening mantra of courses export earnings for germany and nato interest there. so it's just being done and it's not being talked about so...
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trashes greece's plan to deal with its massive deficit as that use the last line of economic defense celebrates one year in servants. and we will get how the two main runners in the us presidential race plan to deal with the powerful israeli lobby and tell of the eaves unrelenting gets to bomb iran. a very warm welcome to your home karen tara she joining us friday and it is ten o'clock here in moscow where gangs of foreign mercenaries reportedly from the gulf states and turkey have joined the assault in bani walid in libya this is according to ali for russia's relatives are trapped inside the besieged town which is traditionally loyal to the country's toppled colonel gadhafi regime is currently in egypt and we're discussing his identity over safety concerns. they told something dangerous that. the flood and not the nuclear maybe if it got out of them somewhere else inside the city and you have the media to get it goat maybe the snow but you know i. don't. know why the world. if you didn't know do today to look if you're going to be a beautiful you know and b. today to talk of that if
trashes greece's plan to deal with its massive deficit as that use the last line of economic defense celebrates one year in servants. and we will get how the two main runners in the us presidential race plan to deal with the powerful israeli lobby and tell of the eaves unrelenting gets to bomb iran. a very warm welcome to your home karen tara she joining us friday and it is ten o'clock here in moscow where gangs of foreign mercenaries reportedly from the gulf states and turkey have joined the...
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i mean and angola merkel visited greece this week and was met by protesters i think you will see very similar reactions across the spanish socio economic all of the groups. and there's more news from the financial world coming your way with marina. playing and. all about business coming up. in the legacy no one should be proud. of scrap metal littering pristine arctic landscape building stilton over their foundation. black smoke over the snow covered peaks the traces of the. pittsburgh an archipelago don't make a pretty picture the guiding principle here is the worst the better that can do nine hundred eighty bearings work was a burgeoning mining community. was determined to maintain at all costs to a degree located half way between north america and western europe bergen archipelago is part of norway but a special status that allows other countries to set up bases here in the middle of the cold war it served as the use of western most outposts now it's one of the last preserved relics. picture of what would have happened to the soviet union if it was cut off from any financial suppor
i mean and angola merkel visited greece this week and was met by protesters i think you will see very similar reactions across the spanish socio economic all of the groups. and there's more news from the financial world coming your way with marina. playing and. all about business coming up. in the legacy no one should be proud. of scrap metal littering pristine arctic landscape building stilton over their foundation. black smoke over the snow covered peaks the traces of the. pittsburgh an...
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creditors that's according to a leaked report from its lenders greece has been locked in talks with the troika for weeks over the crucial austerity package it would need to introduce to be saved from bankruptcy by mid november yohan the van overtveldt the editor in chief of trans business magazine says there's no chance satins can keep its sovereignty and get the money it needs. it's one of two things you either have to accept the fact that you will lose sovereignty. or you will have major problems of the continuity of this monetary union so if you need money if you're in this would call to you like greece is it in a vital move that those who lend you the money starts interfering with your policies so it may sound a little brutal or maybe a little bit undemocratic but that's the way things work if you really are in need of that much money for that long period of time it's invite them over to give up some of your server or anything and as a matter of fact to make this monetary union work in the structural and durable way every state involved in this euro zone in this monitor you will
creditors that's according to a leaked report from its lenders greece has been locked in talks with the troika for weeks over the crucial austerity package it would need to introduce to be saved from bankruptcy by mid november yohan the van overtveldt the editor in chief of trans business magazine says there's no chance satins can keep its sovereignty and get the money it needs. it's one of two things you either have to accept the fact that you will lose sovereignty. or you will have major...
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trashers greece's plan to deal with this massive deficit is the e.u.'s last line of economic defense celebrates one year and. we look at how the two main runners in the u.s. presidential race plan to deal with the powerful israeli lobby and tell of the fundamental to bomb iran. twenty four hour world news live from moscow this is are with me rory sushi and goings of foreign mercenaries reportedly from the gulf states and turkey have joined the assault on bani walid in libya has been gathering first hand accounts of the situation in the besieged town traditionally loyal to the toppled khadafi regime more on this now towards he's paula syria. while fighting continues in the besieged libyan city of baghdad where it has been on the go for more than three weeks now we are beginning however to hear disturbing reports that a foreigner troops and snipers could be used in the assault on the city. they told something dangerous that. the snipers the flood and not the nuclear maybe if it got out of the key of the room somewhere inside the city today to look to fit
trashers greece's plan to deal with this massive deficit is the e.u.'s last line of economic defense celebrates one year and. we look at how the two main runners in the u.s. presidential race plan to deal with the powerful israeli lobby and tell of the fundamental to bomb iran. twenty four hour world news live from moscow this is are with me rory sushi and goings of foreign mercenaries reportedly from the gulf states and turkey have joined the assault on bani walid in libya has been gathering...
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greece makes punishing budget cuts. still, germany is shouldering the bulk of the greece bail-out. they presented the visit as show of support and a sign that greece is still a player. >> the greek people are bleeding at the moment. but they're determined to stay at the euro and win the battle for competitiveness. >> chancellor merkel first visit to greece since the crisis began. problem of growth is still to be addressed. not just in greece or france, where angry auto workers plant due to shut clashed with police today but across the world. international monetary fund predicts growth will be less globally than previously thought this year, saying prospects deteriorated and risks increased. not just in europe, congress and the white house don't make cuts to avoid fiscal cliff, economists predict a double dip recession and soaring unemployment. >> they can call it a general feeling of uncertainty about the future. worry about the failure of the u.s. policy makers on the fiscal plan. >> meanwhile, other countrys try to get create i with ways to keep people and institutions afloat. in
greece makes punishing budget cuts. still, germany is shouldering the bulk of the greece bail-out. they presented the visit as show of support and a sign that greece is still a player. >> the greek people are bleeding at the moment. but they're determined to stay at the euro and win the battle for competitiveness. >> chancellor merkel first visit to greece since the crisis began. problem of growth is still to be addressed. not just in greece or france, where angry auto workers plant...
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so while politicians in greece and the e.u. mull over what to do next in russia it's about what not to do cracking down on stupid the russian parliament moves to filter out bills that have no hope of passing an effort to clamp down on reckless populism you can read more on the bills that have angered lawmakers on our website or to dot com. also there nelson comfort for new election monitors texas threatens to arrest international observers if they dare set foot polling stations on voting day. and we've got more on the upcoming presidential vote for you in just a few minutes. nineteen iranian channels have been banned in the countries that's called iran for not tolerating free speech among other things well played lads well played i love the smell of hypocrisy in the morning personally a bit of censorship doesn't bother me that much because there has always been censorship and there were always be censorship if there are any words or symbols or opinions that could get you bumped off the air or legal trouble in your country the g
so while politicians in greece and the e.u. mull over what to do next in russia it's about what not to do cracking down on stupid the russian parliament moves to filter out bills that have no hope of passing an effort to clamp down on reckless populism you can read more on the bills that have angered lawmakers on our website or to dot com. also there nelson comfort for new election monitors texas threatens to arrest international observers if they dare set foot polling stations on voting day....
WHUT (Howard University Television)
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Oct 9, 2012
10/12
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WHUT
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we have been looking at those problems in greece. greece is apparently not alone, in fact the whole world is kind of in trouble. and more evidence of this kind of shift to the emerging market. >> absolutely. a i shift of wealth. this is a stark warning. the international monetary fund and the latest assessment. saying look unless the u.s. and europe and the global economy could fall into a steeper slowdown. they are saying confidence is being damaged. damaged confidence that discourages businesses from investing and damaged confidence stops consumers from spending. so the i.m.f. downgraded the overall growth for this year to 3% in july. so only a few months they had to downgrade the forecast basically. the i.m.f. also highlighted what you and i spoke about yesterday. the new rescue fund, the permanent rescue fund for the euro zone. they said it's very important and the leaders need to start using that fund to rescue banks. in terms of the united states, the i.m.f. was blunt and said congress needs to sit down and sort out the budget
we have been looking at those problems in greece. greece is apparently not alone, in fact the whole world is kind of in trouble. and more evidence of this kind of shift to the emerging market. >> absolutely. a i shift of wealth. this is a stark warning. the international monetary fund and the latest assessment. saying look unless the u.s. and europe and the global economy could fall into a steeper slowdown. they are saying confidence is being damaged. damaged confidence that discourages...
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and greece says it needs aid now but once the deadline for reaching its austerity targets stretched by two years that's a delay which could cost the eurozone upwards of thirty billion euro. it is a pleasure to have you with us here on r.t. today i'm rory sushi live in moscow where there's been no letup in the bloody assault on libya's bani walid more weapons apparently sent a pro-government militias in the area this according to a man whose relatives are trapped inside the besieged town which historically was a stronghold of the deposed colonel gadhafi sources currently in egypt but afraid to reveal his identity over that of safety concerns. it is not forwarded as no. anything began to flow disability to the life the people and the media does not allow to anyone to come back that we did whom the mother should be on most of whom it's a missionary fight and gives nobody did is no a connection there is no communication there is no internet there's not anything that is that people were not able to connect with each item that is their use of you know and money if you will has being killed i
and greece says it needs aid now but once the deadline for reaching its austerity targets stretched by two years that's a delay which could cost the eurozone upwards of thirty billion euro. it is a pleasure to have you with us here on r.t. today i'm rory sushi live in moscow where there's been no letup in the bloody assault on libya's bani walid more weapons apparently sent a pro-government militias in the area this according to a man whose relatives are trapped inside the besieged town which...
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just when the austerity ravaged people of greece thought things couldn't get any worse the universal health care system got dismantled and turned into an american styled death system as the york times reports this week the greek health care system that ensured coverage for all of its citizens before the financial crisis it has today been completely decimated by conservative technocrats and austerity pushers in the past greece provided universal care thanks to employers individuals and the government contributing to a fund to administer medical services for the entire nation even though those even those greeks who lost their jobs still received health benefits for a year and after those benefits expired greece made sure those individuals still received the health care they needed at no cost to them but then as we all know the banks toure's swept into greece and swindled the country and when the global financial markets went bust greece was left with a debt crisis and the banks demanded all of their failed investments back so the banks decided to suck whatever money they could out of g
just when the austerity ravaged people of greece thought things couldn't get any worse the universal health care system got dismantled and turned into an american styled death system as the york times reports this week the greek health care system that ensured coverage for all of its citizens before the financial crisis it has today been completely decimated by conservative technocrats and austerity pushers in the past greece provided universal care thanks to employers individuals and the...
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police in greece have arrested a journalist to publish a list of the country's political and business elite with swiss bank accounts there was a blow a fuse or athens of failing to go after those dodging taxes while imposing punishing spending cuts on the struggling population professor of economics a young. politicians are reluctant to investigate because of their own involvement in the case. possibly it really did investigative reporting greece has been arrested for frankly serving the public interest but the vast majority gives a good population fear the good politicians use the glue to expose the network of corruption which involves logic politicians and businessmen additions of. pointing moralizing fingers that we can members of exercise saying no you have not been free range x. you've been vaccinated this is why we're in such a global stage to now go to do this coming out of acceleration and about the fact that tax evasion is again played very skillfully go that each end as it has been happening for the last thirty or forty years now live peculiarly keen to be idle in the face o
police in greece have arrested a journalist to publish a list of the country's political and business elite with swiss bank accounts there was a blow a fuse or athens of failing to go after those dodging taxes while imposing punishing spending cuts on the struggling population professor of economics a young. politicians are reluctant to investigate because of their own involvement in the case. possibly it really did investigative reporting greece has been arrested for frankly serving the public...
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Oct 12, 2012
10/12
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FBC
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riots in greece. people are eating out of garbage appeals and dumpsters in spain all because of austerity being imposed on them by the north and the european union get as peace prize for that? maybe they ought to roll tanks through athens and maybe they give them two of them. melissa: i don't know. these pictures we're looking at right now do not scream peace to me. you know, the chairman of the panel was a little testy at the press conference when people asked him questions like this. they sort of challenged him. he said that they have played a stablizing part in the continent, bringing together all of the european union. does it look stable to you? i feel like it is not terribly stable especially when we look at their finances. >> no, it is not terribly stable. in the begin the european union was a great idea. it did reduce emanity after the war and made another war impossible, yet a third european war. however in recent years the european union expanded beyond reason. it is to heterogenous. in orde
riots in greece. people are eating out of garbage appeals and dumpsters in spain all because of austerity being imposed on them by the north and the european union get as peace prize for that? maybe they ought to roll tanks through athens and maybe they give them two of them. melissa: i don't know. these pictures we're looking at right now do not scream peace to me. you know, the chairman of the panel was a little testy at the press conference when people asked him questions like this. they...
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greece they've gone to bail out the banks in france and elsewhere in the e.u. better are technically in insolvency because of their exposure to this so william if indeed it is the banks as you're saying if it's the bank's fault why athens continues to fail in its promises and then why is it being forgiven each time it fails to fulfill what its promised well it is somehow or. i can imagine if you if you understood mary or you get everything wrong in the way that the e.u. governments have done in the last four years of this crisis for three and a half years but from the get go they have shied away from any resolute action on the banks involved in the in the dodgy lending in the first place during the financial bubble years so those banks remain the source of the problem there's no lending going on to the real economy and that's what is the root cause of twenty five percent unemployment in spain and greece and elsewhere across the e.u. so the austerity that's being demanded by e.u. governments like germany is having the effect on the irony is this is what really d
greece they've gone to bail out the banks in france and elsewhere in the e.u. better are technically in insolvency because of their exposure to this so william if indeed it is the banks as you're saying if it's the bank's fault why athens continues to fail in its promises and then why is it being forgiven each time it fails to fulfill what its promised well it is somehow or. i can imagine if you if you understood mary or you get everything wrong in the way that the e.u. governments have done in...
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police in greece have arrested a journalist to publish a list of the country's political and business a leader with swiss bank accounts there was a blow or accuses athens of a failing to go after those dodging taxes by imposing punishing spending cuts on the struggling population professor of economics a unit of a far as politicians are reluctant to investigate because of their own involvement in the case. ve investigated it bordering greece has been arrested for effectively selling the public interest that the vast majority of the good population fear politicians use a degree key to expose the network of court action which in was good logic stand politicians and business model editions of major is a one thing moralizing fingers at that we can members of fix or say the saying oh you have not been a good x. you've been vaccinated is why i said to add that it will state to now to do this coming out of their tax evasion and about the fact that tax evasion is again played fairly skillfully by that age and as it has been happening for the last thirty or forty years now the peculiarly keen
police in greece have arrested a journalist to publish a list of the country's political and business a leader with swiss bank accounts there was a blow or accuses athens of a failing to go after those dodging taxes by imposing punishing spending cuts on the struggling population professor of economics a unit of a far as politicians are reluctant to investigate because of their own involvement in the case. ve investigated it bordering greece has been arrested for effectively selling the public...
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with greece failing to deal with. unemployment. presidential election in the united states. iran. libyan forces are now using. their assault on the town of bani walid the traditional stronghold of the toppled the regime this according to sources who spoke exclusively to. just days after washington objected to a u.n. call for a peaceful solution. well fighting continues in the besieged libyan city of baghdad where it has been on the go for more than three weeks now we are beginning however to hear disturbing reports that a foreigner troops and snipers could be used in the assault on the city. they told something dangerous that. maybe if it got out of them somewhere inside the city do. you know. now earlier in the week there were conflicting reports that the city had fallen these reports have proven untrue but not before thousands of bani walid residents tried to make their way back to the city now we are hearing from our sources on the ground that these people have been stopped by roadblocks that have been set up by militias at the entrances and exits to the city that there has bee
with greece failing to deal with. unemployment. presidential election in the united states. iran. libyan forces are now using. their assault on the town of bani walid the traditional stronghold of the toppled the regime this according to sources who spoke exclusively to. just days after washington objected to a u.n. call for a peaceful solution. well fighting continues in the besieged libyan city of baghdad where it has been on the go for more than three weeks now we are beginning however to...
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Oct 10, 2012
10/12
by
MSNBC
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this is the first time the german chance lochancellor has been in greece. and she seemed very much as a linchpin as to whether greece continues to get financial support from the eu and the imf. they're waiting on another 31.5 billion euros at this point. so that's the issue at hand here. the greeks feel that the germans have been responsible for all the austerity that's been imposed on them as they wait to get this latest amount of money. merkel for her part was gracious, she said i am not here as a lecturer or teacher. she said we think you are doing the right things to bring this economy around. but i have to say, it was a pretty ugly demonstration in ath thens. back to you. >> fascinating dynamic there. geoff, thanks so much. >>> still ahead this morning, will rex ryan and the jets finally declare it tebow time? the mystifying quarterback strategy at the meadowlands explained. plus, baseball playoffs ahead in sports. >>> and -- >> it's a beautiful day in the neighborhood, beautiful day for a neighbor, would you be mine, could you be mine. >> jimmy fallon
this is the first time the german chance lochancellor has been in greece. and she seemed very much as a linchpin as to whether greece continues to get financial support from the eu and the imf. they're waiting on another 31.5 billion euros at this point. so that's the issue at hand here. the greeks feel that the germans have been responsible for all the austerity that's been imposed on them as they wait to get this latest amount of money. merkel for her part was gracious, she said i am not here...
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a fierce reception for chancellor angela merkel during her visit to greece with tens of thousands of protesters pointing to her as the source of the economic misery. israeli prime minister netanyahu appears to go all out for reelection i see dissolved parliament and orders a snob full of the peak of his popularity citing budget bickering. branding and image as a pussy riot appeal the sentence many question whether the punk band wants to be released or if it's just another publicity stunt. international news and comment live from moscow this is the with me thanks for joining us writers and song from welcome from the greek people for chancellor angela merkel of her visit to athens while the german leader praised the government over its austerity measures and now in the riots police held back turns of thousands of demonstrators just streets away. reports now from athens on one merkel's visit has so riled the people. it was supposed to be a conciliatory gesture but in the end it seemed a need to serve to add fuel to the fire of thirty and. touches a breaking out between the riot police o
a fierce reception for chancellor angela merkel during her visit to greece with tens of thousands of protesters pointing to her as the source of the economic misery. israeli prime minister netanyahu appears to go all out for reelection i see dissolved parliament and orders a snob full of the peak of his popularity citing budget bickering. branding and image as a pussy riot appeal the sentence many question whether the punk band wants to be released or if it's just another publicity stunt....